Grindr
GRND
54 hedge funds and large institutions have $132M invested in Grindr in 2021 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 7 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
6% more funds holding
Funds holding: 51 → 54 (+3)
5% more capital invested
Capital invested by funds: $126M → $132M (+$6.49M)
5.14% more ownership
Funds ownership: 45.46% → 50.6% (+5.1%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$2.84M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$2.77M |
| 3 |
D.E. Shaw & Co
New York
|
+$2.06M |
| 4 |
GAMA
Graticule Asia Macro Advisors
New York
|
+$2.01M |
| 5 |
PC
Periscope Capital
Toronto,
Ontario, Canada
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$1.25M |
| 2 |
GL
Governors Lane
New York
|
-$1M |
| 3 |
USPCM
Union Square Park Capital Management
New York
|
-$1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$864K |
| 5 |
FIA
FNY Investment Advisers
New York
|
-$534K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MI
51
MMCAP International
Grand Cayman,
Cayman Islands
| $4.08K | – | – | – |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $4K | -$5.65K | -561 | -54% |
|
|
MF
53
Magnetar Financial
Evanston,
Illinois
| $934 | +$937K | +93,090 | New |
|
|
KJHP
54
K.J. Harrison & Partners
Toronto,
Ontario, Canada
| $106 | – | – | – |
|
|
55
HighTower Advisors
Chicago,
Illinois
| – | -$1.25M | -124,250 | Closed |
|
|
GL
56
Governors Lane
New York
| – | -$1M | -100,000 | Closed |
|
|
USPCM
57
Union Square Park Capital Management
New York
| – | -$1M | -100,000 | Closed |
|
|
CL
58
CSS LLC
Chicago,
Illinois
| – | -$460K | -45,793 | Closed |
|
59
Squarepoint
New York
| – | -$301K | -30,000 | Closed |
|
|
RA
60
Ramius Advisors
New York
| – | -$160K | -15,935 | Closed |
|
|
WAM
61
Wolverine Asset Management
Chicago,
Illinois
| – | -$33K | -3,345 | Closed |
|
GRND Hedge Fund Activity: Q2 2021 in Review
54 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q2 2021, worth a combined $132M — up 5.2% from $126M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new GRND positions and 7 closed out — a net gain of 3 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Nine Masts Capital, adding an estimated $2.84M. The largest seller was HighTower Advisors, exiting entirely with an estimated $1.25M sold.
- 54 institutional investors held Grindr (GRND) as of Q2 2021, up from 51 in Q1 2021.
- Funds reported $132M of Grindr stock for Q2 2021, up 5.2% quarter-over-quarter.
- 10 funds opened new Grindr positions in Q2 2021 and 7 closed out, a net change of +3 holders.
- The largest Grindr buyer in Q2 2021 was Nine Masts Capital, an estimated $2.84M added.
- The largest Grindr seller in Q2 2021 was HighTower Advisors, an estimated $1.25M sold.
Based on aggregated 13F filings for Q2 2021.